August 13, 2018
[Madison, WI] — A recent report from the Washington Free Beacon shows that Tammy Baldwin has accepted thousands of dollars in campaign donations from companies participating in stock buybacks – despite Baldwin’s criticism of the practice. This blatant hypocrisy further goes to show that despite her rhetoric on the campaign trail, Baldwin is picking Washington political games over Wisconsin time and again.
Check out the full recap of the story of Tammy Baldwin taking campaign donations from corporations buying back stock here or read excerpts below:
Baldwin Slams Corporations for Stock Buybacks, Continues to Take Their Money
Washington Free Beacon
August 9, 2018
Sen. Tammy Baldwin (D., Wis.) has accepted over $86,000 from corporations that have used profits to reacquire portions of their own stock—the practice was denounced by Baldwin as “wrong” and a driving force behind “wealth inequality.”
Baldwin’s strong stance against stock repurchasing has not prevented the senator from taking campaign donations from companies engaging in the practice as she faces a tough reelection battle this year.
Financial disclosure forms filed with the Federal Elections Commission indicate Baldwin’s campaign has accepted over $86,000 from at least 28 companies that have taken part in buybacks.
Baldwin has not followed the lead of her fellow Democrats, including senators Cory Booker and Kirsten Gillibrand, in disavowing corporate PAC contributions for her campaign.
Read the Full Story Here.